Buy Kyber Network Crystal (KNC)
What is Kyber Network Crystal (KNC)?
Kyber Network Crystal (KNC) is the native utility token of the Kyber Network protocol, a decentralised liquidity protocol that enables users to swap and exchange different cryptocurrencies directly from their wallets.
How does Kyber Network Crystal work?
Kyber Network functions as a decentralised exchange (DEX) where users can seamlessly exchange one cryptocurrency for another without the need for an intermediary. It utilises liquidity pools to facilitate token swaps.
What are the potential use cases for Kyber Network Crystal?
Kyber Network Crystal serves several purposes within the DeFi ecosystem. It is used in liquidity provisioning, governance, and staking. KNC holders can participate in network governance, stake their tokens to earn rewards, and benefit from the network’s liquidity features. The protocol also supports integrations with various DeFi projects to provide liquidity and facilitate token swaps across platforms.
What is the history of Kyber Network Crystal?
Kyber Network Crystal was launched following an ICO in September 2017, raising $25 million. The protocol went live in early 2018 and established itself with innovations like KyberSwap and the introduction of Wrapped Bitcoin (WBTC). Over time, Kyber Network expanded its functionality and integrations, with significant milestones such as the Katalyst update and the launch of KyberDAO, enhancing its governance and staking mechanisms. The development into a multichain liquidity centre further solidified its role in the DeFi landscape.
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Frequently Asked Questions (FAQs)
What is the current price of Kyber Network Crystal (KNC)?
The Kyber Network Crystal price is $0.98422083 AUD, representing a -0.52% from the day prior.
Where is the best place to buy Kyber Network Crystal (KNC) in Australia?
The best place to buy Kyber Network Crystal (KNC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Kyber Network Crystal (KNC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Kyber Network Crystal (KNC)?
The trading volume of Kyber Network Crystal (KNC) is $34.7M AUD in the last 24hrs, representing a -0.52% from the day prior.
How can I buy Kyber Network Crystal (KNC)?
Kyber Network Crystal (KNC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Kyber Network Crystal (KNC)?
The current market cap of Kyber Network Crystal (KNC) is $166.4M AUD.
Can I convert Kyber Network Crystal (KNC) to cash?
Yes - With Coinstash you can convert your Kyber Network Crystal (KNC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Kyber Network Crystal (KNC) are there?
The current circulating supply of Kyber Network Crystal (KNC) is 170.2M.
Is Coinstash a safe place to buy Kyber Network Crystal (KNC) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Kyber Network Crystal (KNC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.